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Paid-up Policies

Your paid-up life insurance policy can be put to use as an excellent gift as well. If the policy has a cash value, we would have the option of either holding the policy until the maturity date or surrendering the policy in order to receive the policy's current cash value. You are entitled to a current income tax deduction for this irrevocable gift.

Before making any decisions, Christian Heritage School recommends that you consult your legal and financial advisors.